Browsing Tag
Automotive Industry
19 posts
Maruti Suzuki hits record sales in FY 2023-24, surpasses two million units
In a landmark achievement for the Indian automotive sector, Maruti Suzuki India Limited has reported its highest-ever total…
Ed Morse Automotive Group expands reach with acquisition of JC Carey Motors
In a significant move to expand its footprint, the Ed Morse Automotive Group announced its acquisition of JC…
HCLTech and CAST scale partnership to revolutionize semiconductor industry with custom chips
In a move set to redefine the landscape of the semiconductor industry, HCLTech, a global frontrunner in technology…
Stellantis Ventures invests in SteerLight to enhance automotive safety and performance
Stellantis Ventures, the corporate venture fund of global automaker Stellantis N.V., has announced a significant investment in SteerLight,…
H.I.G. Capital announces acquisition of Valeo’s thermal commercial vehicles division
H.I.G. Capital, a prominent global alternative investment firm boasting $60 billion in capital under management, has declared a…
Mahindra & Mahindra reports sale of 72,923 vehicles for February 2024
In an impressive display of growth and resilience in the automotive sector, Mahindra & Mahindra Ltd. (M&M Ltd.),…
Tenneco set for $7.1bn acquisition by Apollo Funds: The future of automotive innovation
In a transformative development within the automotive industry, Tenneco, an American automotive products manufacturer, has agreed to be…
Hyundai Motor posts first net loss in eight years as China sales collapse raises alarm
Hyundai Motor records its first net loss in eight years after sales plunge in China and sluggish demand weigh on earnings. Read the full breakdown now.
Subaru overtime scandal widens as probe reveals 3,400 staff were underpaid
Subaru admits 3,400 employees went unpaid for overtime, exposing Japan’s labor culture crisis. Find out how this case could reshape corporate compliance.